Tourism Event Market By Type, By Channel, By Revenue Source : Global Opportunity Analysis and Industry Forecast, 2023-2032

Description

List of Tables

According to a new report published by Allied Market Research, titled, "Tourism Event Market," The tourism event market was valued at $1.6 trillion in 2022, and is estimated to reach $2501 billion by 2032, growing at a CAGR of 4.6% from 2023 to 2032.

An increase in foreign influences occurs when a nation westernizes, making it more receptive to outside influences and potentially attracting more tourists. As a result, the tourism event sector is anticipated to witness rapid growth.

Furthermore, increased interest in foreign cultures and ways of life is one way that Westernization might accelerate the expansion of the tourist business which is expected to boost the tourism events market. People are anticipated to become more interested in other cultures and more eager to travel to other nations to experience them as they are exposed to Western ideas and practices. A rise in outbound travel from the source market is projected to result from this.

Furthermore, westernization accelerates the expansion of the tourism sector by fostering a favorable business environment for tourism. Countries are expected to attract more foreign investors and visitors when they adopt Western business standards and practices. As a result, the tourism of a country is anticipated to rise, which is projected to enhance the overall expansion of the tourist sector of the source market.

Customized experiences have expanded the tourism business in several ways for group travelers. Customized tours appeal to the distinct interests and preferences of group travelers by offering personalized travel experiences, enabling them to create their own schedules, activities, and lodgings. As a result, the trip becomes immersive and fulfilling while still meeting the needs of the group.

In addition, tailored experiences have expanded the tourism industry for group travelers by luring new visitor demographics that look for specialized and uncommon travel experiences. Customized excursions, for instance, are expected to focus on a particular interest, such as wine tasting, cultural history, or adventure sports. Customized tours are projected to target traveler groups and set themselves apart by providing these exclusive experiences.

There is a growth in the market for tourism among group travelers in a number of ways owing to the integration of technology. Technology has increased group travel accessibility and convenience by offering travelers a smooth and effective booking experience, which in turn increases demand for group travel.

The expansion of the source tourist market is significantly influenced by international travel. Traveling leads people to different cultures, languages, and habits, which might pique their curiosity about other cultures and boost their propensity to travel abroad again in the future. There is growth in tourism source market as a result of this exposure.

In addition, international travel is expected to promote the sharing of information and ideas between nations, which may lead to the creation of fresh travel-related goods and services in the market of origin. These innovative goods and services are projected to draw more visitors and support the expansion of the tourism sector. In addition, a nation is expected to draw more foreign investment, as it receives more foreign visitors, which is anticipated to be used to build new tourist facilities such as hotels, airports, and attractions, ultimately improving appeal of the nation to both domestic and foreign visitors.

The purpose of conducting an event includes business profitability, celebratory, entertainment, and community causes. The most popular events include conferences & exhibitions, corporate events & seminars, promotion & fundraising, music & art performances, sports, festivals, trade shows, and product launches. The key stakeholders within the events industry include corporate organizations and public organizations & NGOs.

Growth of the global event services market is driven by surge in frequency of conducting corporate meetings, inductions, conferences, exhibitions, music concerts, and sports events. Furthermore, deployment of best-in-class technology that is expected to handle the entire event propels industry growth. In addition, sponsorships from various brands, including Red bull, Monster Energy, Nike, Coca Cola, and others for global three-day festival and a small gig or act in a social club or arena boost the market growth. Moreover, introduction of new media platforms and distribution methods offers scope for giants to interact and organize events involving artists, performers, speakers, and business coaches. However, surge in market entry cost and rise in industry fragmentation hinder the growth of the industry.

Tourism events market is segmented on the basis of type, the market is classified into exhibitions and conferences, festivals, corporate events, music concerts, sports, and others. On the basis of channel, the market is divided into the virtual channel and physical channel. On the basis of revenue source, online registration, off-line registration, sponsorship and others. Region-wise the market is subdivided into North America, Europe, Asia-Pacific, and LAMEA.

The key players included in the tourism events market analysis are Riviera Events, Maritz Holdings LLC, Eventbrite, Inc., TUI Group., ATPI Ltd., Messe Berlin Group, Cvent Holding Corp., Reed Exhibitions Limited, BCD Group International BV, and CWT Global B.V.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tourism event market analysis from 2022 to 2032 to identify the prevailing tourism event market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the tourism event market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global tourism event market trends, key players, market segments, application areas, and market growth strategies.

Additional benefits you will get with this purchase are:

Quarterly Update and* (only available with a corporate license, on listed price)
5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
Free Upcoming Version on the Purchase of Five and Enterprise User License.
16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
15% Free Customization* (in case the scope or segment of the report does not match your requirements, 20% is equivalent to 3 working days of free work, applicable once)
Free data Pack on the Five and Enterprise User License. (Excel version of the report)
Free Updated report if the report is 6-12 months old or older.
24-hour priority response*
Free Industry updates and white papers.

Possible Customization with this report (with additional cost and timeline talk to the sales executive to know more)

Investment Opportunities
Pain Point Analysis
Historic market data

Key Market Segments

By Type

Exhibition and conference
Festival
Corporate Events
Music Concerts
Sports
Others

By Channel

Virtual Channel
Physical Channel

By Revenue Source

Online Registration
Offline Registration
Sponsorship
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Argentina
- South Africa
- Saudi Arabia
- Rest of LAMEA

Key Market Players:

TUI Group.
ATPI Ltd.
Reed Exhibitions Limited
BCD Group International BV
Riviera Events
Maritz Holdings LLC
Eventbrite, Inc.
Messe Berlin Group
Cvent Holding Corp.
CWT Global B.V.

Product Code: A74644

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO Perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
3.4. Market dynamics
- 3.4.1. Drivers
  - 3.4.1.1. Increase in the globalization in business
  - 3.4.1.2. Rise in disposable income
  - 3.4.1.3. Rise in interest of youth in entrepreneur & business seminars

3.4.2. Restraints
- 3.4.2.1. Enforcement of the GDPR laws
- 3.4.2.2. High operational costs of corporate events

3.4.3. Opportunities
- 3.4.3.1. Rise in technological advancements
- 3.4.3.2. Surge in investments in the infrastructural development

3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: TOURISM EVENT MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Exhibition and conference
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Festival
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
4.4. Corporate Events
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
4.5. Music Concerts
- 4.5.1. Key market trends, growth factors and opportunities
- 4.5.2. Market size and forecast, by region
- 4.5.3. Market share analysis by country
4.6. Sports
- 4.6.1. Key market trends, growth factors and opportunities
- 4.6.2. Market size and forecast, by region
- 4.6.3. Market share analysis by country
4.7. Others
- 4.7.1. Key market trends, growth factors and opportunities
- 4.7.2. Market size and forecast, by region
- 4.7.3. Market share analysis by country

CHAPTER 5: TOURISM EVENT MARKET, BY CHANNEL

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Virtual Channel
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Physical Channel
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country

CHAPTER 6: TOURISM EVENT MARKET, BY REVENUE SOURCE

6.1. Overview
- 6.1.1. Market size and forecast
6.2. Online Registration
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
6.3. Offline Registration
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
6.4. Sponsorship
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
6.5. Others
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country

CHAPTER 7: TOURISM EVENT MARKET, BY REGION

7.1. Overview
- 7.1.1. Market size and forecast By Region
7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Channel
- 7.2.4. Market size and forecast, by Revenue Source
- 7.2.5. Market size and forecast, by country
  - 7.2.5.1. U.S.
  - 7.2.5.1.1. Market size and forecast, by Type
  - 7.2.5.1.2. Market size and forecast, by Channel
  - 7.2.5.1.3. Market size and forecast, by Revenue Source
  - 7.2.5.2. Canada
  - 7.2.5.2.1. Market size and forecast, by Type
  - 7.2.5.2.2. Market size and forecast, by Channel
  - 7.2.5.2.3. Market size and forecast, by Revenue Source
  - 7.2.5.3. Mexico
  - 7.2.5.3.1. Market size and forecast, by Type
  - 7.2.5.3.2. Market size and forecast, by Channel
  - 7.2.5.3.3. Market size and forecast, by Revenue Source
7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Channel
- 7.3.4. Market size and forecast, by Revenue Source
- 7.3.5. Market size and forecast, by country
  - 7.3.5.1. UK
  - 7.3.5.1.1. Market size and forecast, by Type
  - 7.3.5.1.2. Market size and forecast, by Channel
  - 7.3.5.1.3. Market size and forecast, by Revenue Source
  - 7.3.5.2. Germany
  - 7.3.5.2.1. Market size and forecast, by Type
  - 7.3.5.2.2. Market size and forecast, by Channel
  - 7.3.5.2.3. Market size and forecast, by Revenue Source
  - 7.3.5.3. France
  - 7.3.5.3.1. Market size and forecast, by Type
  - 7.3.5.3.2. Market size and forecast, by Channel
  - 7.3.5.3.3. Market size and forecast, by Revenue Source
  - 7.3.5.4. Italy
  - 7.3.5.4.1. Market size and forecast, by Type
  - 7.3.5.4.2. Market size and forecast, by Channel
  - 7.3.5.4.3. Market size and forecast, by Revenue Source
  - 7.3.5.5. Spain
  - 7.3.5.5.1. Market size and forecast, by Type
  - 7.3.5.5.2. Market size and forecast, by Channel
  - 7.3.5.5.3. Market size and forecast, by Revenue Source
  - 7.3.5.6. Rest of Europe
  - 7.3.5.6.1. Market size and forecast, by Type
  - 7.3.5.6.2. Market size and forecast, by Channel
  - 7.3.5.6.3. Market size and forecast, by Revenue Source
7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Channel
- 7.4.4. Market size and forecast, by Revenue Source
- 7.4.5. Market size and forecast, by country
  - 7.4.5.1. China
  - 7.4.5.1.1. Market size and forecast, by Type
  - 7.4.5.1.2. Market size and forecast, by Channel
  - 7.4.5.1.3. Market size and forecast, by Revenue Source
  - 7.4.5.2. India
  - 7.4.5.2.1. Market size and forecast, by Type
  - 7.4.5.2.2. Market size and forecast, by Channel
  - 7.4.5.2.3. Market size and forecast, by Revenue Source
  - 7.4.5.3. Japan
  - 7.4.5.3.1. Market size and forecast, by Type
  - 7.4.5.3.2. Market size and forecast, by Channel
  - 7.4.5.3.3. Market size and forecast, by Revenue Source
  - 7.4.5.4. South Korea
  - 7.4.5.4.1. Market size and forecast, by Type
  - 7.4.5.4.2. Market size and forecast, by Channel
  - 7.4.5.4.3. Market size and forecast, by Revenue Source
  - 7.4.5.5. Australia
  - 7.4.5.5.1. Market size and forecast, by Type
  - 7.4.5.5.2. Market size and forecast, by Channel
  - 7.4.5.5.3. Market size and forecast, by Revenue Source
  - 7.4.5.6. Rest of Asia-Pacific
  - 7.4.5.6.1. Market size and forecast, by Type
  - 7.4.5.6.2. Market size and forecast, by Channel
  - 7.4.5.6.3. Market size and forecast, by Revenue Source
7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Channel
- 7.5.4. Market size and forecast, by Revenue Source
- 7.5.5. Market size and forecast, by country
  - 7.5.5.1. Brazil
  - 7.5.5.1.1. Market size and forecast, by Type
  - 7.5.5.1.2. Market size and forecast, by Channel
  - 7.5.5.1.3. Market size and forecast, by Revenue Source
  - 7.5.5.2. Argentina
  - 7.5.5.2.1. Market size and forecast, by Type
  - 7.5.5.2.2. Market size and forecast, by Channel
  - 7.5.5.2.3. Market size and forecast, by Revenue Source
  - 7.5.5.3. South Africa
  - 7.5.5.3.1. Market size and forecast, by Type
  - 7.5.5.3.2. Market size and forecast, by Channel
  - 7.5.5.3.3. Market size and forecast, by Revenue Source
  - 7.5.5.4. Saudi Arabia
  - 7.5.5.4.1. Market size and forecast, by Type
  - 7.5.5.4.2. Market size and forecast, by Channel
  - 7.5.5.4.3. Market size and forecast, by Revenue Source
  - 7.5.5.5. Rest of LAMEA
  - 7.5.5.5.1. Market size and forecast, by Type
  - 7.5.5.5.2. Market size and forecast, by Channel
  - 7.5.5.5.3. Market size and forecast, by Revenue Source

CHAPTER 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Top player positioning, 2022

CHAPTER 9: COMPANY PROFILES

9.1. Messe Berlin Group
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
9.2. Maritz Holdings LLC
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Key strategic moves and developments
9.3. Eventbrite, Inc.
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
9.4. TUI Group.
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
9.5. ATPI Ltd.
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Key strategic moves and developments
9.6. Cvent Holding Corp.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.6.7. Key strategic moves and developments
9.7. Riviera Events
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
9.8. Reed Exhibitions Limited
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Key strategic moves and developments
9.9. BCD Group International BV
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Key strategic moves and developments
9.10. CWT Global B.V.
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio